Hanmi Financial Corporation Reports Net Income of $11.1 Million for Third Quarter of 2007

LOS ANGELES--(BUSINESS WIRE)--

Hanmi Financial Corporation (NASDAQ:HAFC), the holding company for Hanmi Bank, reported that for the three months ended September 30, 2007, it earned net income of $11.1 million, a decrease of 27.6 percent compared to net income of $15.3 million for the second quarter of 2007. Earnings per share were $0.23 (diluted), a decrease of 25.8 percent compared to $0.31 per share (diluted) for the second quarter of 2007.

"Our strong loan growth and the opening of our 24th branch during the quarter were overshadowed by higher loan loss provisions and continued margin compression. During the quarter, our loan portfolio increased $164.0 million and we opened a new branch in Rancho Cucamonga, California," said Sung Won Sohn, Ph.D., President and Chief Executive Officer. "However, our net interest margin decreased from 4.51 percent in the second quarter to 4.26 percent in the third quarter. We expect our margin to continue to experience competitive pressures in the near term and the recent change in the Federal Reserve monetary policy will hurt margins until it is fully reflected in the repricing of our time deposits."

"The third quarter increase of $5.4 million in the provision for credit losses stems in part from a group of six related business acquisition loans amounting to $3.6 million, some of which have become the subject of litigation that we initiated."

"In this uncertain economic and financial environment, the asset quality is a serious concern for all lenders. Fortunately, Hanmi's exposure to the residential market is minimal. The commercial real estate market, about two-thirds of Hanmi's portfolio, continues to remain healthy. However, in recent quarters, we have experienced higher delinquencies and charge-offs resulting from a more challenging environment for our customers."

THIRD-QUARTER HIGHLIGHTS

-- Net interest income before provision for credit losses was $37.9 million for the third quarter of 2007, compared to $38.6 million for the second quarter of 2007 and $39.7 million for the third quarter of 2006, reflecting a 2.8 percent and 7.3 percent, respectively, sequential increase in average interest-earning assets. Net interest margin for the third quarter of 2007 was 4.26 percent, compared to 4.51 percent for the second quarter of 2007 and 4.79 percent for the third quarter of 2006.

-- The loan portfolio increased by $354.9 million, or 12.4 percent, to $3.22 billion at September 30, 2007, compared to $2.86 billion at December 31, 2006, reflecting continued growth in commercial and industrial loans.

-- Non-performing loans increased by $22.1 million to $44.7 million, or 1.39 percent of the portfolio, at September 30, 2007, compared to $22.6 million, or 0.74 percent of the portfolio, at June 30, 2007. Loans over 30 days delinquent increased from $32.0 million at June 30, 2007 to $55.0 million at September 30, 2007.

-- The provision for credit losses was $8.5 million for the third quarter of 2007, compared to $3.0 million for the second quarter of 2007 and $1.7 million for the third quarter of 2006.

-- The allowance for loan losses was 1.07 percent, 1.05 percent and 0.99 percent of the gross loan portfolio at September 30, 2007, June 30, 2007 and September 30, 2006, respectively.

-- During the third quarter, the Company repurchased 1,004,100 of its shares at a cost of $15.0 million, or $14.90 per share.

NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES

Net interest income before provision for credit losses was $37.9 million for the third quarter of 2007, a decrease of $735,000, or 1.9 percent, compared to $38.6 million for the second quarter of 2007, and a decrease of $1.9 million, or 4.7 percent, compared to $39.7 million for the third quarter of 2006.

The yield on the loan portfolio was 8.44 percent for the third quarter of 2007, a decrease of 24 basis points compared to 8.68 percent for the second quarter of 2007, and a decrease of 45 basis points compared to 8.89 percent for the third quarter of 2006. The yield on investment securities was 4.52 percent for the third quarter of 2007, an increase of 12 basis points compared to 4.40 percent for the second quarter of 2007, and an increase of four basis points compared to 4.48 percent for the third quarter of 2006.

The yield on average interest-earning assets was 8.01 percent for the third quarter of 2007, a decrease of 16 basis points compared to 8.17 percent for the second quarter of 2007, and a decrease of 28 basis points compared to 8.29 percent for the third quarter of 2006. The cost of interest-bearing liabilities was 4.93 percent for the third quarter of 2007, an increase of one basis point compared to 4.92 percent for the second quarter of 2007, and an increase of 20 basis points compared to 4.73 percent for the third quarter of 2006, as the competitive deposit rate environment continued to stabilize.

PROVISION FOR CREDIT LOSSES

The provision for credit losses was $8.5 million for the third quarter of 2007, compared to $3.0 million for the second quarter of 2007 and $1.7 million for the third quarter of 2006. In the third quarter of 2007, net charge-offs were $6.1 million, compared to $2.5 million for the second quarter of 2007 and $656,000 for the third quarter of 2006.

The sequential increase in the provision for credit losses is attributable to an increased migration of loans into more adverse risk rating categories, including a group of six related business acquisition loans amounting to $3.6 million, some of which have become the subject of litigation; an increase of $164.0 million, or 5.4 percent, in the loan portfolio; and a higher rate of increase in non-performing assets, which increased $21.3 million in the third quarter to a balance of $45.0 million at September 30, 2007, compared to an increase of $4.2 million to a balance of $23.7 million at June 30, 2007.

Delinquent loans increased to $55.0 million, or 1.71 percent of gross loans, at September 30, 2007 from $32.0 million, or 1.05 percent of gross loans, at June 30, 2007. While the level of non-performing assets and delinquent loans are indicators of the credit quality of the portfolio, the provision for credit losses is determined primarily on the basis of loan classifications and the historical loss experience with similarly situated credits.

NON-INTEREST INCOME

Non-interest income decreased by $1.2 million, or 10.9 percent, to $9.5 million for the third quarter of 2007, compared to $10.7 million for the second quarter of 2007, and increased by $354,000, or 3.9 percent, compared to $9.2 million for the third quarter of 2006. The decrease in non-interest income from the second quarter of 2007 to the third quarter of 2007 is primarily attributable to a $1.2 million decrease in the amount of gain on sales of loans. The increase in non-interest income from the third quarter of 2006 to the third quarter of 2007 is primarily attributable to an increase of $881,000 in insurance commissions, reflecting the acquisitions of two insurance agencies in the first quarter of 2007, and a $226,000 gain on sale of OREO, partially offset by a $877,000 decrease in the amount of gain on sales of loans.

NON-INTEREST EXPENSES

Non-interest expenses decreased by $241,000, or 1.1 percent, to $21.2 million for the third quarter of 2007, compared to $21.5 million for the second quarter of 2007, and increased by $1.4 million, or 7.0 percent, compared to $19.9 million for the third quarter of 2006. Salaries and employee benefits increased by $636,000, or 5.9 percent, sequentially from $10.8 million for the second quarter of 2007 to $11.4 million for the third quarter of 2007 because of the opening of the Rancho Cucamonga branch in August 2007 and increased accruals for incentive compensation.

The efficiency ratio (non-interest expenses divided by the sum of net interest income before provision for credit losses and non-interest income) for the third quarter of 2007 was 44.85 percent, compared to 43.61 percent for the second quarter of 2007 and 40.61 percent for the third quarter of 2006, in part reflecting the acquisitions of two insurance agencies in the first quarter of 2007 and the opening of the Rancho Cucamonga and Fullerton branches during 2007.

PROVISION FOR INCOME TAXES

The provision for income taxes reflects a 37.2 percent effective tax rate for the third quarter of 2007, compared to a 38.1 percent effective tax rate for the second quarter of 2007 and a 35.7 percent effective tax rate for the third quarter of 2006. Changes in the effective tax rate reflect a relatively stable level of Enterprise Zone and low-income housing tax credits in periods in which there were changes in taxable income.

FINANCIAL POSITION

Total assets were $4.01 billion at September 30, 2007, an increase of $286.4 million, or 7.7 percent, compared to $3.73 billion at December 31, 2006, and an increase of $272.5 million, or 7.3 percent, from the September 30, 2006 balance of $3.74 billion.

At September 30, 2007, net loans totaled $3.19 billion, an increase of $348.0 million, or 12.3 percent, from $2.84 billion at December 31, 2006. Real estate loans increased by $57.7 million, or 5.5 percent, to $1.10 billion at September 30, 2007, compared to $1.04 billion at December 31, 2006, and commercial and industrial loans grew by $306.6 million, or 17.8 percent, to $2.03 billion at September 30, 2007, compared to $1.73 billion at December 31, 2006.

The growth in total assets was funded primarily by an increase in FHLB advances and other borrowings of $192.3 million, up 113.8 percent to $361.3 million at September 30, 2007, compared to $169.0 million at December 31, 2006. In addition, deposits increased $102.8 million, up 3.5 percent to $3.05 billion at September 30, 2007 from $2.94 billion at December 31, 2006. The increase in deposits included increases in time deposits of $100,000 or more of $91.4 million, up 6.6 percent to $1.47 billion, in money market checking accounts of $38.0 million, up 8.7 percent to $476.3 million, and in other time deposits of $16.4 million, up 5.5 percent to $311.9 million, partially offset by decreases in noninterest-bearing demand deposits of $37.8 million, down 5.2 percent to $690.5 million, and in savings accounts of $5.1 million, down 5.1 percent to $94.2 million.

ASSET QUALITY

Total non-performing assets, including loans 90 days or more past due and still accruing, non-accrual loans and other real estate owned ("OREO") assets, increased by $30.8 million to $45.0 million at September 30, 2007 from $14.2 million at December 31, 2006, and increased by $31.5 million from $13.5 million at September 30, 2006. Non-performing loans at September 30, 2007 included a $17 million construction loan for low-income housing that is fully collateralized and participated in by the local government. The downgrade of this loan relates to project cost overruns and construction delays. Despite these set backs we anticipate the project being completed and our loan being repaid without a loss to the Bank. Additionally, to date, we have never lost any money on low-income housing projects. Non-performing loans as a percentage of gross loans increased to 1.39 percent at September 30, 2007 from 0.50 percent at December 31, 2006 and 0.47 percent at September 30, 2006.

At September 30, 2007, delinquent loans were $55.0 million, or 1.71 percent of gross loans, compared to $19.6 million, or 0.68 percent of gross loans, at December 31, 2006, and $24.1 million, or 0.84 percent of gross loans, at September 30, 2006.

At September 30, 2007, the Company maintained an allowance for loan losses of $34.5 million and a liability for off-balance sheet exposure, primarily unfunded loan commitments, of $1.8 million. The allowance for loan losses represented 1.07 percent of gross loans at September 30, 2007, compared to 0.96 percent and 0.99 percent at December 31, 2006 and September 30, 2006, respectively. As of September 30, 2007, the allowance for loan losses was 77.19 percent of non-performing loans, compared to 193.9 percent at December 31, 2006 and 209.8 percent at September 30, 2006.

ABOUT HANMI FINANCIAL CORPORATION

Headquartered in Los Angeles, Hanmi Bank, a wholly owned subsidiary of Hanmi Financial Corporation, provides services to the multi-ethnic communities of California, with 24 full-service offices in Los Angeles, Orange, San Bernardino, San Francisco, Santa Clara and San Diego counties, and nine loan production offices in California, Colorado, Georgia, Illinois, Texas, Virginia and Washington. Hanmi Bank specializes in commercial, SBA, trade finance and consumer lending, and is a recognized community leader. Hanmi Bank's mission is to provide a full range of quality products and premier services to its customers and to maximize shareholder value. Additional information is available at www.hanmifinancial.com.

FORWARD-LOOKING STATEMENTS

This release contains forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of such terms and other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ from those expressed or implied by the forward-looking statement. These factors include the following: general economic and business conditions in those areas in which we operate; demographic changes; competition for loans and deposits; fluctuations in interest rates; risks of natural disasters related to our real estate portfolio; risks associated with SBA loans; changes in governmental regulation; credit quality; the ability of borrowers to perform under the terms of their loans and other terms of credit agreements; our ability to successfully integrate acquisitions we may make; the availability of capital to fund the expansion of our business; and changes in securities markets. In addition, we set forth certain risks in our reports filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2006, which could cause actual results to differ from those projected. We undertake no obligation to update such forward-looking statements except as required by law.

HANMI FINANCIAL CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(Dollars in Thousands)


                                   September 30, December 31,    %
                                      2007          2006      Change
                                  ------------- ----------------------
             ASSETS
---------------------------------
Cash and Due from Banks             $  103,789   $   97,501     6.4%
Federal Funds Sold                          --       41,000  (100.0)%
                                  ------------- ------------ --------
  Cash and Cash Equivalents            103,789      138,501   (25.1)%
                                  ------------- ------------ --------
Term Federal Funds Sold                     --        5,000  (100.0)%
Investment Securities                  357,616      391,579    (8.7)%
Loans:
    Loans, Net of Deferred Loan
     Fees                            3,219,871    2,864,947    12.4%
    Allowance for Loan Losses          (34,503)     (27,557)   25.2%
                                  ------------- ------------ --------
        Net Loans                    3,185,368    2,837,390    12.3%
                                  ------------- ------------ --------
Customers' Liability on
 Acceptances                             5,357        8,403   (36.2)%
Premises and Equipment, Net             20,597       20,075     2.6%
Accrued Interest Receivable             17,619       16,919     4.1%
Other Real Estate Owned                    287           --      --
Deferred Income Taxes                   13,480       13,064     3.2%
Servicing Asset                          4,328        4,579    (5.5)%
Goodwill                               209,991      207,646     1.1%
Other Intangible Assets                  7,457        6,312    18.1%
Federal Reserve Bank and Federal
 Home Loan Bank Stock                   25,525       24,922     2.4%
Bank-Owned Life Insurance               24,285       23,592     2.9%
Other Assets                            35,916       27,261    31.7%
                                  ------------- ------------ --------
          Total Assets              $4,011,615   $3,725,243     7.7%
                                  ============= ============ ========

 LIABILITIES AND SHAREHOLDERS'
              EQUITY
---------------------------------
Liabilities:
    Deposits:
        Noninterest-Bearing         $  690,513   $  728,347    (5.2)%
        Interest-Bearing             2,357,044    2,216,368     6.3%
                                  ------------- ------------ --------
            Total Deposits           3,047,557    2,944,715     3.5%
    Accrued Interest Payable            20,449       22,582    (9.4)%
    Acceptances Outstanding              5,357        8,403   (36.2)%
    FHLB Advances and Other
     Borrowings                        361,344      169,037   113.8%
    Junior Subordinated
     Debentures                         82,406       82,406      --
    Other Liabilities                   11,593       10,983     5.6%
                                  ------------- ------------ --------
                Total Liabilities    3,528,706    3,238,126     9.0%
Shareholders' Equity                   482,909      487,117    (0.9)%
                                  ------------- ------------ --------
     Total Liabilities and
       Shareholders' Equity         $4,011,615   $3,725,243     7.7%
                                  ============= ============ ========


                                                 September 30,   %
                                                     2006      Change
                                               -----------------------
                    ASSETS
-----------------------------------------------
Cash and Due from Banks                           $   97,609     6.3%
Federal Funds Sold                                    67,000  (100.0)%
                                               -------------- --------
  Cash and Cash Equivalents                          164,609   (36.9)%
                                               -------------- --------
Term Federal Funds Sold                                   --      --
Investment Securities                                398,956   (10.4)%
Loans:
    Loans, Net of Deferred Loan Fees               2,850,146    13.0%
    Allowance for Loan Losses                        (28,276)   22.0%
                                               -------------- --------
        Net Loans                                  2,821,870    12.9%
                                               -------------- --------
Customers' Liability on Acceptances                   11,245   (52.4)%
Premises and Equipment, Net                           20,322     1.4%
Accrued Interest Receivable                           16,190     8.8%
Other Real Estate Owned                                   --      --
Deferred Income Taxes                                 10,959    23.0%
Servicing Asset                                        4,266     1.5%
Goodwill                                             207,646     1.1%
Other Intangible Assets                                6,876     8.4%
Federal Reserve Bank and Federal Home Loan Bank
 Stock                                                24,768     3.1%
Bank-Owned Life Insurance                             23,368     3.9%
Other Assets                                          28,080    27.9%
                                               -------------- --------
                 Total Assets                     $3,739,155     7.3%
                                               ============== ========

     LIABILITIES AND SHAREHOLDERS' EQUITY
-----------------------------------------------
Liabilities:
    Deposits:
        Noninterest-Bearing                       $  756,901    (8.8)%
        Interest-Bearing                           2,216,880     6.3%
                                               -------------- --------
            Total Deposits                         2,973,781     2.5%
    Accrued Interest Payable                          19,191     6.6%
    Acceptances Outstanding                           11,245   (52.4)%
    FHLB Advances and Other Borrowings               169,435   113.3%
    Junior Subordinated Debentures                    82,406      --
    Other Liabilities                                 12,392    (6.4)%
                                               -------------- --------
                Total Liabilities                  3,268,450     8.0%
Shareholders' Equity                                 470,705     2.6%
                                               -------------- --------
  Total Liabilities and Shareholders' Equity      $3,739,155     7.3%
                                               ============== ========
HANMI FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(Dollars in Thousands, Except Per Share Data)


                                         For the Three Months Ended
                                      --------------------------------
                                        Sept. 30,   June 30,    %
                                          2007        2007    Change
                                      ----------- ----------- --------
INTEREST INCOME:
    Interest and Fees on Loans        $    66,714 $    65,212   2.3%
    Interest on Investments                 4,422       4,472  (1.1)%
    Interest on Federal Funds Sold             61         176 (65.3)%
    Interest on Term Federal Funds
     Sold                                      --          --    --
                                      ----------- ----------- --------
        Total Interest Income              71,197      69,860   1.9%
                                      ----------- ----------- --------

INTEREST EXPENSE:
   Interest on Deposits                    27,882      26,691   4.5%
   Interest on FHLB Advances and Other
    Borrowings                              3,785       2,919  29.7%
   Interest on Junior Subordinated
    Debentures                              1,675       1,660   0.9%
                                      ----------- ----------- --------
        Total Interest Expense             33,342      31,270   6.6%
                                      ----------- ----------- --------

NET INTEREST INCOME BEFORE PROVISION
 FOR CREDIT LOSSES                         37,855      38,590  (1.9)%
                                                                 --
Provision for Credit Losses                 8,464       3,023 180.0%
                                      ----------- ----------- --------

NET INTEREST INCOME AFTER PROVISION
 FOR CREDIT LOSSES                         29,391      35,567 (17.4)%
                                      ----------- ----------- --------

NON-INTEREST INCOME:
    Service Charges on Deposit
     Accounts                               4,463       4,438   0.6%
    Insurance Commissions                   1,131       1,279 (11.6)%
    Trade Finance Fees                      1,082       1,177  (8.1)%
    Remittance Fees                           512         520  (1.5)%
    Other Service Charges and Fees            691         574  20.4%
    Bank-Owned Life Insurance Income          234         229   2.2%
    Increase in Fair Value of
     Derivatives                              207         222  (6.8)%
    Other Income                              457         491  (6.9)%
    Gain on Sales of Loans                    523       1,762 (70.3)%
    Gain on Sales of Other Real
     Estate Owned                             226          --    --
                                      ----------- ----------- --------
            Total Non-Interest Income       9,526      10,692 (10.9)%
                                      ----------- ----------- --------

NON-INTEREST EXPENSES:
    Salaries and Employee Benefits         11,418      10,782   5.9%
    Occupancy and Equipment                 2,657       2,571   3.3%
    Data Processing                         1,540       1,665  (7.5)%
    Advertising and Promotion                 943         889   6.1%
    Supplies and Communications               704         704    --
    Professional Fees                         565         647 (12.7)%
    Amortization of Other Intangible
     Assets                                   570         592  (3.7)%
    Decrease in Fair Value of
     Embedded Option                           37         196 (81.1)%
    Other Operating Expenses                2,815       3,444 (18.3)%
                                      ----------- ----------- --------
            Total Non-Interest
             Expenses                      21,249      21,490  (1.1)%
                                      ----------- ----------- --------

INCOME BEFORE PROVISION FOR INCOME
 TAXES                                     17,668      24,769 (28.7)%
Provision for Income Taxes                  6,580       9,446 (30.3)%
                                      ----------- ----------- --------

NET INCOME                            $    11,088 $    15,323 (27.6)%
                                      =========== =========== ========

EARNINGS PER SHARE:
    Basic                             $      0.23 $      0.32 (28.1)%
    Diluted                           $      0.23 $      0.31 (25.8)%

WEIGHTED-AVERAGE SHARES OUTSTANDING:
    Basic                              47,355,143  48,397,824
    Diluted                            47,536,078  48,737,574

SHARES OUTSTANDING AT PERIOD-END       46,986,341  47,950,929


                                                  For the Three Months
                                                          Ended
                                                  --------------------
                                                     Sept. 30,   %
                                                       2006    Change
                                                  ------------ -------
INTEREST INCOME:
    Interest and Fees on Loans                     $    63,392   5.2%
    Interest on Investments                              4,836  (8.6)%
    Interest on Federal Funds Sold                         436 (86.0)%
    Interest on Term Federal Funds Sold                     --    --
                                                  ------------ -------
        Total Interest Income                           68,664   3.7%
                                                  ------------ -------

INTEREST EXPENSE:
   Interest on Deposits                                 25,178  10.7%
   Interest on FHLB Advances and Other Borrowings        2,084  81.6%
   Interest on Junior Subordinated Debentures            1,672   0.2%
                                                  ------------ -------
        Total Interest Expense                          28,934  15.2%
                                                  ------------ -------

NET INTEREST INCOME BEFORE PROVISION FOR CREDIT
 LOSSES                                                 39,730  (4.7)%
                                                                  --
Provision for Credit Losses                              1,682 403.2%
                                                  ------------ -------

NET INTEREST INCOME AFTER PROVISION FOR CREDIT
 LOSSES                                                 38,048 (22.8)%
                                                  ------------ -------

NON-INTEREST INCOME:
    Service Charges on Deposit Accounts                  4,249   5.0%
    Insurance Commissions                                  250 352.4%
    Trade Finance Fees                                   1,227 (11.8)%
    Remittance Fees                                        517  (1.0)%
    Other Service Charges and Fees                         591  16.9%
    Bank-Owned Life Insurance Income                       221   5.9%
    Increase in Fair Value of Derivatives                  389 (46.8)%
    Other Income                                           328  39.3%
    Gain on Sales of Loans                               1,400 (62.6)%
    Gain on Sales of Other Real Estate Owned                --    --
                                                  ------------ -------
            Total Non-Interest Income                    9,172   3.9%
                                                  ------------ -------

NON-INTEREST EXPENSES:
    Salaries and Employee Benefits                      10,357  10.2%
    Occupancy and Equipment                              2,482   7.1%
    Data Processing                                      1,431   7.6%
    Advertising and Promotion                              665  41.8%
    Supplies and Communications                            636  10.7%
    Professional Fees                                      390  44.9%
    Amortization of Other Intangible Assets                585  (2.6)%
    Decrease in Fair Value of Embedded Option               78 (52.6)%
    Other Operating Expenses                             3,237 (13.0)%
                                                  ------------ -------
            Total Non-Interest Expenses                 19,861   7.0%
                                                  ------------ -------

INCOME BEFORE PROVISION FOR INCOME TAXES                27,359 (35.4)%
Provision for Income Taxes                               9,762 (32.6)%
                                                  ------------ -------

NET INCOME                                         $    17,597 (37.0)%
                                                  ============ =======

EARNINGS PER SHARE:
    Basic                                          $      0.36 (36.1)%
    Diluted                                        $      0.36 (36.1)%

WEIGHTED-AVERAGE SHARES OUTSTANDING:
    Basic                                           48,890,662
    Diluted                                         49,450,601

SHARES OUTSTANDING AT PERIOD-END                    48,991,146


                                          For the Nine Months Ended
                                      --------------------------------
                                         Sept. 30,   Sept. 30,   %
                                           2007        2006    Change
                                      ------------ ----------- -------
INTEREST INCOME:
    Interest and Fees on Loans         $   194,487 $   175,409  10.9%
    Interest on Investments                 13,558      14,948  (9.3)%
    Interest on Federal Funds Sold             963         748  28.7%
    Interest on Term Federal Funds
     Sold                                        5          --    --
                                      ------------ ----------- -------
        Total Interest Income              209,013     191,105   9.4%
                                      ------------ ----------- -------

INTEREST EXPENSE:
   Interest on Deposits                     80,654      66,690  20.9%
   Interest on FHLB Advances and Other
    Borrowings                               8,875       4,699  88.9%
   Interest on Junior Subordinated
    Debentures                               4,974       4,734   5.1%
                                      ------------ ----------- -------
        Total Interest Expense              94,503      76,123  24.1%
                                      ------------ ----------- -------

NET INTEREST INCOME BEFORE PROVISION
 FOR CREDIT LOSSES                         114,510     114,982  (0.4)%
                                                                  --
Provision for Credit Losses                 17,619       5,542 217.9%
                                      ------------ ----------- -------

NET INTEREST INCOME AFTER PROVISION
 FOR CREDIT LOSSES                          96,891     109,440 (11.5)%
                                      ------------ ----------- -------

NON-INTEREST INCOME:
    Service Charges on Deposit
     Accounts                               13,389      12,663   5.7%
    Insurance Commissions                    3,535         646 447.2%
    Trade Finance Fees                       3,549       3,414   4.0%
    Remittance Fees                          1,503       1,537  (2.2)%
    Other Service Charges and Fees           1,881       1,739   8.2%
    Bank-Owned Life Insurance Income           693         654   6.0%
    Increase in Fair Value of
     Derivatives                               521         723 (27.9)%
    Other Income                             1,223         911  34.2%
    Gain on Sales of Loans                   3,685       3,550   3.8%
    Gain on Sales of Other Real
     Estate Owned                              226          48 370.8%
                                      ------------ ----------- -------
            Total Non-Interest Income       30,205      25,885  16.7%
                                      ------------ ----------- -------

NON-INTEREST EXPENSES:
    Salaries and Employee Benefits          33,961      30,209  12.4%
    Occupancy and Equipment                  7,740       7,122   8.7%
    Data Processing                          4,768       4,314  10.5%
    Advertising and Promotion                2,493       2,122  17.5%
    Supplies and Communications              1,996       1,848   8.0%
    Professional Fees                        1,686       1,550   8.8%
    Amortization of Other Intangible
     Assets                                  1,776       1,815  (2.1)%
    Decrease in Fair Value of
     Embedded Option                           233         292 (20.2)%
    Other Operating Expenses                 9,055       8,126  11.4%
                                      ------------ ----------- -------
            Total Non-Interest
             Expenses                       63,708      57,398  11.0%
                                      ------------ ----------- -------

INCOME BEFORE PROVISION FOR INCOME
 TAXES                                      63,388      77,927 (18.7)%
Provision for Income Taxes                  23,922      29,588 (19.1)%
                                      ------------ ----------- -------

NET INCOME                             $    39,466 $    48,339 (18.4)%
                                      ============ =========== =======

EARNINGS PER SHARE:
    Basic                              $      0.82 $      0.99 (17.2)%
    Diluted                            $      0.81 $      0.98 (17.3)%

WEIGHTED-AVERAGE SHARES OUTSTANDING:
    Basic                               48,232,464  48,809,921
    Diluted                             48,569,863  49,395,152

SHARES OUTSTANDING AT PERIOD-END        46,986,341  48,991,146
HANMI FINANCIAL CORPORATION AND SUBSIDIARIES
SELECTED FINANCIAL DATA (UNAUDITED)
(Dollars in Thousands)

                                        For the Three Months Ended
                                     ---------------------------------
                                       Sept. 30,  June 30,    %
                                        2007        2007     Change
                                     ----------- ---------------------

AVERAGE BALANCES:
    Average Gross Loans, Net of
     Deferred Loan Fees              $3,135,531  $3,014,895    4.0%
    Average Investment Securities       360,626     375,598   (4.0)%
    Average Interest-Earning Assets   3,526,493   3,429,123    2.8%
    Average Total Assets              3,915,517   3,818,170    2.5%
    Average Deposits                  3,016,118   2,967,748    1.6%
    Average Borrowings                  367,605     304,744   20.6%
    Average Interest-Bearing
     Liabilities                      2,683,930   2,551,665    5.2%
    Average Shareholders' Equity        487,006     495,719   (1.8)%
    Average Tangible Equity             269,255     277,414   (2.9)%


PERFORMANCE RATIOS:
    Return on Average Assets               1.12%       1.61%
    Return on Average Shareholders'
     Equity                                9.03%      12.40%
    Return on Average Tangible
     Equity                               16.34%      22.15%
    Efficiency Ratio                      44.85%      43.61%
    Net Interest Margin                    4.26%       4.51%


ALLOWANCE FOR LOAN LOSSES:
    Balance at the Beginning of
     Period                          $   32,190  $   31,527    2.1%
    Provision Charged to Operating
     Expense                              8,397       3,181  164.0%
    Charge-Offs, Net of Recoveries       (6,084)     (2,518) 141.6%
                                     ----------- -------------------
        Balance at the End of Period $   34,503  $   32,190    7.2%
                                     =========== ===================

    Allowance for Loan Losses to
     Total Gross Loans                     1.07%       1.05%
    Allowance for Loan Losses to
     Total Non-Performing Loans           77.19%     142.30%


ALLOWANCE FOR OFF-BALANCE SHEET ITEMS:
    Balance at the Beginning of
     Period                          $    1,730  $    1,888   (8.4)%
    Provision Charged to Operating
     Expense                                 67        (158)(142.4)%
                                     ----------- -------------------
        Balance at the End of Period $    1,797  $    1,730    3.9%
                                     =========== ===================

                                                  For the Three Months
                                                          Ended
                                                  --------------------
                                                     Sept. 30,   %
                                                      2006     Change
                                                  ------------ -------

AVERAGE BALANCES:
    Average Gross Loans, Net of Deferred Loan Fees $2,828,972   10.8%
    Average Investment Securities                     401,039  (10.1)%
    Average Interest-Earning Assets                 3,287,581    7.3%
    Average Total Assets                            3,675,091    6.5%
    Average Deposits                                2,927,956    3.0%
    Average Borrowings                                241,404   52.3%
    Average Interest-Bearing Liabilities            2,427,883   10.5%
    Average Shareholders' Equity                      463,011    5.2%
    Average Tangible Equity                           248,147    8.5%


PERFORMANCE RATIOS:
    Return on Average Assets                             1.90%
    Return on Average Shareholders' Equity              15.08%
    Return on Average Tangible Equity                   28.13%
    Efficiency Ratio                                    40.61%
    Net Interest Margin                                  4.79%


ALLOWANCE FOR LOAN LOSSES:
    Balance at the Beginning of Period             $   27,250   18.1%
    Provision Charged to Operating Expense              1,682  399.2%
    Charge-Offs, Net of Recoveries                       (656) 827.4%
                                                  ------------ -------
        Balance at the End of Period               $   28,276   22.0%
                                                  ============ =======

    Allowance for Loan Losses to Total Gross Loans       0.99%
    Allowance for Loan Losses to Total Non-
     Performing Loans                                  209.82%


ALLOWANCE FOR OFF-BALANCE SHEET ITEMS:
    Balance at the Beginning of Period             $    2,130  (18.8)%
    Provision Charged to Operating Expense                 --     --
                                                  ------------ -------
        Balance at the End of Period               $    2,130  (15.6)%
                                                  ============ =======

                                          For the Nine Months Ended
                                      --------------------------------
                                         Sept. 30,   Sept. 30,   %
                                          2007        2006     Change
                                      ------------ ----------- -------

AVERAGE BALANCES:
    Average Gross Loans, Net of
     Deferred Loan Fees                $3,011,946  $2,702,902   11.4%
    Average Investment Securities         374,209     421,195  (11.2)%
    Average Interest-Earning Assets     3,435,932   3,169,215    8.4%
    Average Total Assets                3,825,784   3,557,227    7.5%
    Average Deposits                    2,976,676   2,857,260    4.2%
    Average Borrowings                    308,406     209,770   47.0%
    Average Interest-Bearing
     Liabilities                        2,575,061   2,329,135   10.6%
    Average Shareholders' Equity          494,731     450,069    9.9%
    Average Tangible Equity               276,627     233,671   18.4%


PERFORMANCE RATIOS:
    Return on Average Assets                 1.38%       1.82%
    Return on Average Shareholders'
     Equity                                 10.67%      14.36%
    Return on Average Tangible Equity       19.07%      27.66%
    Efficiency Ratio                        44.02%      40.75%
    Net Interest Margin                      4.46%       4.85%


ALLOWANCE FOR LOAN LOSSES:
    Balance at the Beginning of
     Period                            $   27,557  $   24,963   10.4%
    Provision Charged to Operating
     Expense                               17,952       5,542  223.9%
    Charge-Offs, Net of Recoveries        (11,006)     (2,229) 393.8%
                                      ------------ ----------- -------
        Balance at the End of Period   $   34,503  $   28,276   22.0%
                                      ============ =========== =======

    Allowance for Loan Losses to Total
     Gross Loans                             1.07%       0.99%
    Allowance for Loan Losses to Total
     Non-Performing Loans                   77.19%     209.82%


ALLOWANCE FOR OFF-BALANCE SHEET ITEMS:
    Balance at the Beginning of
     Period                            $    2,130  $    2,130     --
    Provision Charged to Operating
     Expense                                 (333)         --     --
                                      ------------ ----------- -------
        Balance at the End of Period   $    1,797  $    2,130  (15.6)%
                                      ============ =========== =======
HANMI FINANCIAL CORPORATION AND SUBSIDIARIES
SELECTED FINANCIAL DATA (UNAUDITED) (Continued)
(Dollars in Thousands)


                                     Sept. 30,   Dec. 31,      %
                                       2007        2006      Change
                                    ----------- ----------- ---------
NON-PERFORMING ASSETS:
    Non-Accrual Loans               $   44,497  $   14,213    213.1%
    Loans 90 Days or More Past Due
     and Still Accruing                    199           2  9,850.0%
                                    ----------- ----------- ---------
        Total Non-Performing
         Loans                          44,696      14,215    214.4%
        Other Real Estate Owned            287          --       --
                                    ----------- ----------- ---------
            Total Non-Performing
             Assets                 $   44,983  $   14,215    216.4%
                                    =========== =========== =========

    Total Non-Performing Loans/Total
     Gross Loans                          1.39%       0.50%
    Total Non-Performing
     Assets/Total Assets                  1.12%       0.38%
    Total Non-Performing
     Assets/Allowance for Loan
     Losses                              130.4%       51.6%

DELINQUENT LOANS                    $   54,954  $   19,616    180.1%
                                    =========== =========== =========

    Delinquent Loans/Total Gross
     Loans                                1.71%       0.68%

LOAN PORTFOLIO:
    Real Estate Loans               $1,099,100  $1,041,393      5.5%
    Commercial and Industrial
     Loans                           2,033,009   1,726,434     17.8%
    Consumer Loans                      90,416     100,121     (9.7)%
                                    ----------- ----------- ---------
        Total Gross Loans            3,222,525   2,867,948     12.4%
    Deferred Loan Fees                  (2,654)     (3,001)   (11.6)%
                                    ----------- ----------- ---------
        Loans, Net of Deferred
         Loan Fees                   3,219,871   2,864,947     12.4%
    Allowance for Loan Losses          (34,503)    (27,557)    25.2%
                                    ----------- ----------- ---------
        Loans Receivable, Net       $3,185,368  $2,837,390     12.3%
                                    =========== =========== =========

LOAN MIX:
    Real Estate Loans                     34.1%       36.3%
    Commercial and Industrial
     Loans                                63.1%       60.2%
    Consumer Loans                         2.8%        3.5%
                                    ----------- -----------
        Total Gross Loans                100.0%      100.0%
                                    =========== ===========

DEPOSIT PORTFOLIO:
    Demand - Noninterest-Bearing    $  690,513  $  728,348     (5.2)%
    Savings                             94,150      99,254     (5.1)%
    Money Market Checking and NOW
     Accounts                          476,257     438,267      8.7%
    Time Deposits of $100,000 or
     More                            1,474,764   1,383,358      6.6%
    Other Time Deposits                311,873     295,488      5.5%
                                    ----------- ----------- ---------
        Total Deposits              $3,047,557  $2,944,715      3.5%
                                    =========== =========== =========

DEPOSIT MIX:
    Demand - Noninterest-Bearing          22.7%       24.7%
    Savings                                3.1%        3.4%
    Money Market Checking and NOW
     Accounts                             15.6%       14.9%
    Time Deposits of $100,000 or
     More                                 48.4%       47.0%
    Other Time Deposits                   10.2%       10.0%
                                    ----------- -----------
        Total Deposits                   100.0%      100.0%
                                    =========== ===========


                                                  Sept. 30,     %
                                                    2006      Change
                                                 ----------- ---------
NON-PERFORMING ASSETS:
    Non-Accrual Loans                            $   13,470    230.3%
    Loans 90 Days or More Past Due and Still
     Accruing                                             6  3,216.7%
                                                 ----------- ---------
        Total Non-Performing Loans                   13,476    231.7%
        Other Real Estate Owned                          --       --
                                                 ----------- ---------
            Total Non-Performing Assets          $   13,476    233.8%
                                                 =========== =========

    Total Non-Performing Loans/Total Gross Loans       0.47%
    Total Non-Performing Assets/Total Assets           0.36%
    Total Non-Performing Assets/Allowance for
     Loan Losses                                       47.7%

DELINQUENT LOANS                                 $   24,081    128.2%
                                                 =========== =========

    Delinquent Loans/Total Gross Loans                 0.84%

LOAN PORTFOLIO:
    Real Estate Loans                            $1,014,058      8.4%
    Commercial and Industrial Loans               1,739,476     16.9%
    Consumer Loans                                  100,180     (9.7)%
                                                 ----------- ---------
        Total Gross Loans                         2,853,714     12.9%
    Deferred Loan Fees                               (3,568)   (25.6)%
                                                 ----------- ---------
        Loans, Net of Deferred Loan Fees          2,850,146     13.0%
    Allowance for Loan Losses                       (28,276)    22.0%
                                                 ----------- ---------
        Loans Receivable, Net                    $2,821,870     12.9%
                                                 =========== =========

LOAN MIX:
    Real Estate Loans                                  35.5%
    Commercial and Industrial Loans                    61.0%
    Consumer Loans                                      3.5%
                                                 -----------
        Total Gross Loans                             100.0%
                                                 ===========

DEPOSIT PORTFOLIO:
    Demand - Noninterest-Bearing                 $  756,901     (8.8)%
    Savings                                          99,719     (5.6)%
    Money Market Checking and NOW Accounts          434,738      9.6%
    Time Deposits of $100,000 or More             1,393,721      5.8%
    Other Time Deposits                             288,702      8.0%
                                                 ----------- ---------
        Total Deposits                           $2,973,781      2.5%
                                                 =========== =========

DEPOSIT MIX:
    Demand - Noninterest-Bearing                       25.5%
    Savings                                             3.4%
    Money Market Checking and NOW Accounts             14.6%
    Time Deposits of $100,000 or More                  46.9%
    Other Time Deposits                                 9.6%
                                                 -----------
        Total Deposits                                100.0%
                                                 ===========
HANMI FINANCIAL CORPORATION AND SUBSIDIARIES
AVERAGE BALANCES, AVERAGE YIELDS EARNED AND AVERAGE RATES
 PAID (UNAUDITED)
(Dollars in Thousands)


                                          For the Three Months Ended
                                        ------------------------------
                                             September 30, 2007
                                        ------------------------------
                                         Average    Interest  Average
                                          Balance    Income/   Yield/
                                                     Expense    Rate
                                        -------------------- ---------

        INTEREST-EARNING ASSETS

LOANS:
    Real Estate Loans:
        Commercial Property             $  775,605   $15,678   8.02%
        Construction                       227,779     4,814   8.38%
        Residential Property                87,864     1,124   5.08%
                                        -------------------- -------
            Total Real Estate Loans      1,091,248    21,616   7.86%
    Commercial and Industrial Loans      1,951,478    43,169   8.78%
    Consumer Loans                          94,751     1,798   7.53%
                                        -------------------- -------
            Total Loans - Gross          3,137,477    66,583   8.42%
    Prepayment Penalty Income                   --       131
    Unearned Income on Loans, Net of
     Costs                                  (1,946)       --
                                        --------------------
                Gross Loans, Net        $3,135,531   $66,714   8.44%
                                        ==================== =======

INVESTMENT SECURITIES:
    Municipal Bonds                     $   70,984   $   764   4.31%
    U.S. Government Agency Securities      119,704     1,286   4.30%
    Mortgage-Backed Securities             101,688     1,237   4.87%
    Collateralized Mortgage Obligations     55,619       612   4.40%
    Corporate Bonds                          7,811        89   4.56%
    Other Securities                         4,820        84   6.97%
                                        -------------------- -------
                Total Investment
                 Securities             $  360,626   $ 4,072   4.52%
                                        ==================== =======

OTHER INTEREST-EARNING ASSETS:
    Equity Securities (FHLB and FRB
     Stock)                             $   25,431   $   350   5.51%
    Federal Funds Sold                       4,905        61   4.97%
    Term Federal Funds Sold                     --        --     --
    Interest-Earning Deposits                   --        --     --
                                        -------------------- -------
                Total Other Interest-
                 Earning Assets         $   30,336   $   411   5.42%
                                        ==================== =======

TOTAL INTEREST-EARNING ASSETS           $3,526,493   $71,197   8.01%
                                        ==================== =======

      INTEREST-BEARING LIABILITIES

INTEREST-BEARING DEPOSITS:
    Savings                             $   95,147   $   567   2.36%
    Money Market Checking and NOW
     Accounts                              471,756     4,164   3.50%
    Time Deposits of $100,000 or More    1,438,711    19,263   5.31%
    Other Time Deposits                    310,711     3,888   4.96%
                                        -------------------- -------
                Total Interest-Bearing
                 Deposits               $2,316,325   $27,882   4.78%
                                        ==================== =======

BORROWINGS:
    FHLB Advances and Other Borrowings  $  285,199   $ 3,785   5.27%
    Junior Subordinated Debentures          82,406     1,675   8.06%
                                        -------------------- -------
                Total Borrowings        $  367,605   $ 5,460   5.89%
                                        ==================== =======

TOTAL INTEREST-BEARING LIABILITIES      $2,683,930   $33,342   4.93%
                                        ==================== =======

NET INTEREST INCOME                                  $37,855
                                                   =========

NET INTEREST SPREAD                                            3.08%
                                                             =======

NET INTEREST MARGIN                                            4.26%
                                                             =======


                                         For the Three Months Ended
                                       -------------------------------
                                                June 30, 2007
                                       -------------------------------
                                         Average    Interest  Average
                                          Balance    Income/   Yield/
                                                     Expense    Rate
                                       --------------------- ---------

       INTEREST-EARNING ASSETS

LOANS:
    Real Estate Loans:
        Commercial Property             $  769,112   $15,534   8.10%
        Construction                       215,760     5,137   9.55%
        Residential Property                86,596     1,157   5.36%
                                       --------------------- -------
            Total Real Estate Loans      1,071,468    21,828   8.17%
    Commercial and Industrial Loans      1,848,369    41,206   8.94%
    Consumer Loans                          97,175     2,016   8.32%
                                       --------------------- -------
            Total Loans - Gross          3,017,012    65,050   8.65%
    Prepayment Penalty Income                   --       162
    Unearned Income on Loans, Net of
     Costs                                  (2,117)       --
                                       ---------------------
                Gross Loans, Net        $3,014,895   $65,212   8.68%
                                       ===================== =======

INVESTMENT SECURITIES:
    Municipal Bonds                     $   72,284   $   762   4.22%
    U.S. Government Agency Securities      118,696     1,233   4.16%
    Mortgage-Backed Securities             111,568     1,317   4.72%
    Collateralized Mortgage Obligations     60,199       651   4.33%
    Corporate Bonds                          7,907        89   4.50%
    Other Securities                         4,944        84   6.80%
                                       --------------------- -------
                Total Investment
                 Securities             $  375,598   $ 4,136   4.40%
                                       ===================== =======

OTHER INTEREST-EARNING ASSETS:
    Equity Securities (FHLB and FRB
     Stock)                             $   25,290   $   336   5.31%
    Federal Funds Sold                      13,340       176   5.28%
    Term Federal Funds Sold                     --        --     --
    Interest-Earning Deposits                   --        --     --
                                       --------------------- -------
                Total Other Interest-
                 Earning Assets         $   38,630   $   512   5.30%
                                       ===================== =======

TOTAL INTEREST-EARNING ASSETS           $3,429,123   $69,860   8.17%
                                       ===================== =======

     INTEREST-BEARING LIABILITIES

INTEREST-BEARING DEPOSITS:
    Savings                             $   99,457   $   502   2.02%
    Money Market Checking and NOW
     Accounts                              432,408     3,666   3.40%
    Time Deposits of $100,000 or More    1,411,099    18,778   5.34%
    Other Time Deposits                    303,957     3,745   4.94%
                                       --------------------- -------
                Total Interest-Bearing
                 Deposits               $2,246,921   $26,691   4.76%
                                       ===================== =======

BORROWINGS:
    FHLB Advances and Other Borrowings  $  222,338   $ 2,919   5.27%
    Junior Subordinated Debentures          82,406     1,660   8.08%
                                       --------------------- -------
                Total Borrowings        $  304,744   $ 4,579   6.03%
                                       ===================== =======

TOTAL INTEREST-BEARING LIABILITIES      $2,551,665   $31,270   4.92%
                                       ===================== =======

NET INTEREST INCOME                                  $38,590
                                                   =========

NET INTEREST SPREAD                                            3.25%
                                                             =======

NET INTEREST MARGIN                                            4.51%
                                                             =======


                                         For the Three Months Ended
                                        -----------------------------
                                              September 30, 2006
                                        ------------------------------
                                          Average    Interest  Average
                                           Balance    Income/   Yield/
                                                      Expense    Rate
                                        --------------------- --------

        INTEREST-EARNING ASSETS

LOANS:
    Real Estate Loans:
        Commercial Property              $  774,934   $16,118   8.25%
        Construction                        174,332     4,333   9.86%
        Residential Property                 84,124     1,114   5.25%
                                        --------------------- -------
            Total Real Estate Loans       1,033,390    21,565   8.28%
    Commercial and Industrial Loans       1,699,966    39,080   9.12%
    Consumer Loans                           99,268     2,255   9.01%
                                        --------------------- -------
            Total Loans - Gross           2,832,624    62,900   8.81%
    Prepayment Penalty Income                             492
    Unearned Income on Loans, Net of
     Costs                                   (3,652)       --
                                        ---------------------
                Gross Loans, Net         $2,828,972   $63,392   8.89%
                                        ===================== =======

INVESTMENT SECURITIES:
    Municipal Bonds                      $   71,301   $   770   4.32%
    U.S. Government Agency Securities       118,365     1,268   4.29%
    Mortgage-Backed Securities              127,321     1,505   4.73%
    Collateralized Mortgage Obligations      71,414       777   4.35%
    Corporate Bonds                           7,785        89   4.57%
    Other Securities                          4,854        85   7.00%
                                        --------------------- -------
                Total Investment
                 Securities              $  401,040   $ 4,494   4.48%
                                        ===================== =======

OTHER INTEREST-EARNING ASSETS:
    Equity Securities (FHLB and FRB
     Stock)                              $   24,720   $   342   5.53%
    Federal Funds Sold                       32,850       436   5.31%
    Term Federal Funds Sold                      --        --     --
    Interest-Earning Deposits                    --        --     --
                                        --------------------- -------
                Total Other Interest-
                 Earning Assets          $   57,570   $   778   5.41%
                                        ===================== =======

TOTAL INTEREST-EARNING ASSETS            $3,287,582   $68,664   8.29%
                                        ===================== =======

      INTEREST-BEARING LIABILITIES

INTEREST-BEARING DEPOSITS:
    Savings                              $  102,518   $   440   1.70%
    Money Market Checking and NOW
     Accounts                               441,880     3,512   3.15%
    Time Deposits of $100,000 or More     1,358,908    17,881   5.22%
    Other Time Deposits                     283,173     3,345   4.69%
                                        --------------------- -------
                Total Interest-Bearing
                 Deposits                $2,186,479   $25,178   4.57%
                                        ===================== =======

BORROWINGS:
    FHLB Advances and Other Borrowings   $  158,998   $ 2,084   5.20%
    Junior Subordinated Debentures           82,406     1,672   8.05%
                                        --------------------- -------
                Total Borrowings         $  241,404   $ 3,756   6.17%
                                        ===================== =======

TOTAL INTEREST-BEARING LIABILITIES       $2,427,883   $28,934   4.73%
                                        ===================== =======

NET INTEREST INCOME                                   $39,730
                                                    =========

NET INTEREST SPREAD                                             3.56%
                                                              =======

NET INTEREST MARGIN                                             4.79%
                                                              =======


                                          For the Nine Months Ended
                                       -------------------------------
                                             September 30, 2007
                                       -------------------------------
                                         Average    Interest  Average
                                          Balance    Income/   Yield/
                                                     Expense    Rate
                                       --------------------- ---------

       INTEREST-EARNING ASSETS

LOANS:
    Real Estate Loans:
        Commercial Property             $  765,880  $ 46,380   8.10%
        Construction                       218,693    14,889   9.10%
        Residential Property                86,505     3,378   5.22%
                                       --------------------- -------
            Total Real Estate Loans      1,071,078    64,647   8.07%
    Commercial and Industrial Loans      1,846,247   123,143   8.92%
    Consumer Loans                          96,839     5,987   8.27%
                                       --------------------- -------
            Total Loans - Gross          3,014,164   193,777   8.60%
    Prepayment Penalty Income                   --       710
    Unearned Income on Loans, Net of
     Costs                                  (2,218)       --
                                       ---------------------
                Gross Loans, Net        $3,011,946  $194,487   8.63%
                                       ===================== =======

INVESTMENT SECURITIES:
    Municipal Bonds                     $   71,883  $  2,290   4.25%
    U.S. Government Agency Securities      118,894     3,775   4.23%
    Mortgage-Backed Securities             110,656     3,958   4.77%
    Collateralized Mortgage Obligations     59,977     1,960   4.36%
    Corporate Bonds                          7,862       268   4.55%
    Other Securities                         4,937       252   6.81%
                                       --------------------- -------
                Total Investment
                 Securities             $  374,209  $ 12,503   4.45%
                                       ===================== =======

OTHER INTEREST-EARNING ASSETS:
    Equity Securities (FHLB and FRB
     Stock)                             $   25,244  $  1,055   5.57%
    Federal Funds Sold                      24,405       963   5.26%
    Term Federal Funds Sold                    128         5    0.1%
    Interest-Earning Deposits                   --        --   0.00%
                                       --------------------- -------
                Total Other Interest-
                 Earning Assets         $   49,777  $  2,023   5.42%
                                       ===================== =======

TOTAL INTEREST-EARNING ASSETS           $3,435,932  $209,013   8.13%
                                       ===================== =======

     INTEREST-BEARING LIABILITIES

INTEREST-BEARING DEPOSITS:
    Savings                             $   98,440  $  1,530   2.08%
    Money Market Checking and NOW
     Accounts                              444,173    11,302   3.40%
    Time Deposits of $100,000 or More    1,418,825    56,539   5.33%
    Other Time Deposits                    305,217    11,283   4.94%
                                       --------------------- -------
                Total Interest-Bearing
                 Deposits               $2,266,655  $ 80,654   4.76%
                                       ===================== =======

BORROWINGS:
    FHLB Advances and Other Borrowings  $  226,000  $  8,875   5.25%
    Junior Subordinated Debentures          82,406     4,974   8.07%
                                       --------------------- -------
                Total Borrowings        $  308,406  $ 13,849   6.00%
                                       ===================== =======

TOTAL INTEREST-BEARING LIABILITIES      $2,575,061  $ 94,503   4.91%
                                       ===================== =======

NET INTEREST INCOME                                 $114,510
                                                   =========

NET INTEREST SPREAD                                            3.22%
                                                             =======

NET INTEREST MARGIN                                            4.46%
                                                             =======


                                           For the Nine Months Ended
                                         -----------------------------
                                               September 30, 2006
                                         -----------------------------
                                           Average    Interest Average
                                            Balance    Income/  Yield/
                                                       Expense   Rate
                                         --------------------- -------

        INTEREST-EARNING ASSETS

LOANS:
    Real Estate Loans:
        Commercial Property               $  756,707  $ 46,049   8.14%
        Construction                         171,654    12,386   9.65%
        Residential Property                  85,601     3,303   5.16%
                                         --------------------- -------
            Total Real Estate Loans        1,013,962    61,738   8.14%
    Commercial and Industrial Loans        1,596,234   106,816   8.95%
    Consumer Loans                            96,490     6,219   8.62%
                                         --------------------- -------
            Total Loans - Gross            2,706,686   174,773   8.63%
    Prepayment Penalty Income                     --       636
    Unearned Income on Loans, Net of
     Costs                                    (3,784)       --
                                         ---------------------
                Gross Loans, Net          $2,702,902  $175,409   8.68%
                                         ===================== =======

INVESTMENT SECURITIES:
    Municipal Bonds                       $   72,702  $  2,321   4.26%
    U.S. Government Agency Securities        123,986     3,887   4.18%
    Mortgage-Backed Securities               136,067     4,787   4.69%
    Collateralized Mortgage Obligations       75,583     2,434   4.29%
    Corporate Bonds                            7,906       268   4.52%
    Other Securities                           4,951       253   6.81%
                                         --------------------- -------
                Total Investment
                 Securities               $  421,195  $ 13,950   4.42%
                                         ===================== =======

OTHER INTEREST-EARNING ASSETS:
    Equity Securities (FHLB and FRB
     Stock)                               $   24,619  $    997   5.40%
    Federal Funds Sold                        20,457       748   4.88%
    Term Federal Funds Sold                       --        --     --
    Interest-Earning Deposits                     42         1   4.01%
                                         --------------------- -------
                Total Other Interest-
                 Earning Assets           $   45,118  $  1,746   5.16%
                                         ===================== =======

TOTAL INTEREST-EARNING ASSETS             $3,169,215  $191,105   8.06%
                                         ===================== =======

      INTEREST-BEARING LIABILITIES

INTEREST-BEARING DEPOSITS:
    Savings                               $  110,817  $  1,402   1.69%
    Money Market Checking and NOW
     Accounts                                481,564    10,864   3.02%
    Time Deposits of $100,000 or More      1,250,467    45,534   4.87%
    Other Time Deposits                      276,517     8,890   4.30%
                                         --------------------- -------
                Total Interest-Bearing
                 Deposits                 $2,119,365  $ 66,690   4.21%
                                         ===================== =======

BORROWINGS:
    FHLB Advances and Other Borrowings    $  127,364  $  4,699   4.93%
    Junior Subordinated Debentures            82,406     4,734   7.68%
                                         --------------------- -------
                Total Borrowings          $  209,770  $  9,433   6.01%
                                         ===================== =======

TOTAL INTEREST-BEARING LIABILITIES        $2,329,135  $ 76,123   4.37%
                                         ===================== =======

NET INTEREST INCOME                                   $114,982
                                                     =========

NET INTEREST SPREAD                                              3.69%
                                                               =======

NET INTEREST MARGIN                                              4.85%
                                                               =======

Source: Hanmi Financial Corporation